adriyan_junior

adriyan_junior

1. Price Action: • Uptrend Confirmation: The recent price action suggests an ongoing uptrend. Look for higher highs and higher lows on the daily chart. • Key Levels: Identify significant swing highs and lows. These levels act as potential support and resistance. For USD/CAD, consider the following: • Resistance: The area around 1.3700 is crucial. A breakout above...

adriyan_junior

Gold Analysis Today Current Trend: Downtrend Key Observation: - Gold is in a strong downtrend, indicated by lower highs and lower lows. - Price action remains below the descending trendline, confirming bearish momentum. # Trend Analysis: - Trendline: The price is consistently below the downward trendline, indicating ongoing bearish pressure. # Price Action: -...

adriyan_junior

Current Trend: Strong Downtrend Key Observation: - Bitcoin is currently in a strong downtrend, evidenced by lower highs and lower lows. - However, a short-term upward move towards the trendline is anticipated before resuming the existing downtrend. If the price closes and remains consistently above the trendline, it could signal a potential trend reversal to the...

adriyan_junior

Current Trend: Strong Uptrend Key Observation: - Gold is experiencing a strong uptrend, characterized by higher highs and higher lows. - However, it is crucial to monitor the support levels and the trendline closely. If the price closes and remains consistently below the trendline, it indicates a potential trend reversal to the downside. Price Action Analysis: -...

adriyan_junior

Current Trend: Beginning of an Uptrend Key Observation: - EUR/USD has initiated an upward trend, marked by higher highs and higher lows. - However, a short-term pullback is anticipated before the price reaches a strong support level, after which the upward trend is expected to resume. Price Action Analysis: - Pullback Prediction: Short-term bearish price action...

adriyan_junior

Current Trend: Downtrend Key Observation: - The GBP/USD pair remains in a downtrend, as confirmed by the downward trendline and lower highs. - However, if the price closes and remains consistently above the trendline, it signals a potential trend reversal to the upside. Price Action Analysis: - Bearish Indicators: Current bearish candlestick patterns and price...

adriyan_junior

Bitcoin is showing strong bullish momentum, with price action confirming an uptrend through higher highs and higher lows, supported by increasing volume. If this trend continues and Bitcoin breaks through intermediate resistance levels, a LONG position targeting $68,900 could be feasible, provided key support levels hold to sustain the upward movement. SL at $65154

adriyan_junior

For a GBPCAD sell position, given the current bearish trend confirmed by 2 trendline, look for bearish candlestick patterns near the identified resistance level. Enter a sell position if these signals are confirmed, setting a stop-loss just above the resistance level and targeting the key support level for profit.

adriyan_junior

Solana (SOL) Trade Scenarios for Today Current Price: (Insert current price here) #Scenario 1: SELL at $180 1. Trend Analysis: - Trendline: Check if there is a bearish trendline confirming the downtrend. - Confirmation: Ensure price action is indicating a potential decline at $180. 2. Price Action: - Bearish Signals: Look for bearish candlestick...

adriyan_junior

EUR/USD LONG Position Plan Current Price: (Insert current price here) # 1. Trend Analysis: - Trendline: Confirm that the price is above an upward trendline on the daily chart. # 2. Price Action: - Bullish Signals: Look for bullish candlestick patterns near a recent support level. # 3. Support and Resistance: - Support Level: Identify a recent support level to...

adriyan_junior

GBP/USD Potential LONG Scenario #1. Trend Analysis: - Trendline: Draw a trendline on the daily chart connecting recent higher lows. Ensure the current price is above this trendline to confirm the bullish trend. #2. Price Action: - Bullish Patterns: Look for bullish candlestick patterns, such as bullish engulfing or hammer, near key support levels. These patterns...

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Trade Setup: - Entry: Market price - Stop Loss (SL): 1.0827 - Take Profit (TP): 1.0937 Risk Ratio Calculation: 1. Entry Price: Assume current market price is 1.0850 2. Stop Loss: 1.0827 3. Take Profit: 1.0937 Risk Calculation: - Risk per trade = Entry Price - Stop Loss - Risk = 1.0850 - 1.0827 = 0.0023 (23 pips) Reward Calculation: - Reward per trade = Take...

adriyan_junior

Certainly! Adding a stop loss (SL) to the analysis: Sell Setup: - Entry Points: Sell at 1.2950 and 1.2966 - Stop Loss: 10-15 pips above entry price Target: 1.2906 Rationale: - Resistance Levels: Significant resistance observed around 1.2968. If the price closes above this level (e.g., at 1.2968), it suggests bullish momentum. - Price Action: Selling at 1.2950...

adriyan_junior

Gold Potential BUY/Long Analysis Trend Analysis: The current trend for gold is bullish, observed from the consistent higher highs and higher lows on the daily chart. Price Action: Recent price action shows bullish candlestick patterns near key support levels, indicating strong buying interest. Support and Resistance: - Support Level: 2367 (set as Stop-Loss) -...

adriyan_junior

Here are three potential scenarios for Gold movement next week based on price action and trend analysis: Scenario 1: Price Closes Above 2328.765 Potential Movement: - The price could rise towards the area of 2334.556 - 2337.281. Entry Point: - Buy if the price closes above 2328.765. Take Profit (TP): - TP1: 2334.556 - TP2: 2337.281 Stop Loss (SL): - SL:...

adriyan_junior

For GBP/USD on 18 June 2024, the price action analysis based on support and resistance levels is as follows: - Resistance Levels: The initial resistance lies at 1.2760. If the price moves beyond this point, the next resistance levels are at 1.2800 and 1.2850. - Support Levels: On the downside, support levels are situated at 1.2710, 1.2680, and 1.2650. The...

adriyan_junior

Sell Recommendation for GBP/USD to Support Level 1.2705 1. Price Action Analysis: - Candlestick Patterns: - Bearish Engulfing: Indicates a bearish reversal after an uptrend. - Pin Bar (Shooting Star): Shows rejection of higher prices, indicating potential downside. - Resistance Level: If the price approaches resistance and shows signs of reversal,...